Cybersecurity and compliance company Proofpoint is set to open a new office in Cork, creating more that 150 jobs in the next two years.
The company, which is headquartered in California, has offices worldwide, including in the UK and Northern Ireland.
The Cork city centre hub will initially house key functions for the business, including engineering, research and development, customer support, finance, and marketing.
Proofpoint currently has over 4,500 employees globally, with over 100 employees already employed in Cork.
“We warmly welcome Proofpoint’s decision to establish their new international hub in Cork,” said Peter Burke, Minister for Enterprise, Trade and Employment.
“This expansion is a testament to Ireland’s attractive business environment and our commitment to fostering innovation and growth in the cybersecurity sector.
“The creation of over 250 jobs in the coming years is a significant boost for the region and highlights our ongoing efforts to support enterprise development and employment opportunities across the country,” he added.
Rémi Thomas, Chief Financial Officer at Proofpoint, said the company invests more than 20% of its revenue back into research and development – to stay ahead of attackers’ evolving tactics.
“Our expansion into Ireland is critical to our international growth, solidifying our ability to protect European organisations and our commitment to delivering innovative technology that addresses our customers’ needs,” he added.
Michael Lohan, CEO of IDA Ireland, said they are thrilled that Proofpoint has selected Cork for its new international hub.
“This choice emphasises the critical importance of regional investment and showcases the South-West region’s established cybersecurity cluster and the abundant talent available regionally and indeed across the country,” said Mr Lohan.
“Proofpoint’s expansion further solidifies Ireland’s reputation as a premier location for global cybersecurity and compliance companies. We eagerly anticipate supporting their growth and continued success in Cork,” he added.